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AstraZeneca Pharma IndiaNSE:ASTRAZEN -0.77%93 Cyclically Adjusted PB Ratio is 35.74 as of Jul. 18, 2026, which is 10% above its 10-year median of 32.44. GuruFocus rates NSE:ASTRAZEN with a GF Score™ of 93/100 and a GF Value™ of ₹10,981.72 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 759 Drug Manufacturers companies, AstraZeneca Pharma India ranks worse than 98.16% on this metric.
The historical rank and industry rank for AstraZeneca Pharma India's Cyclically Adjusted PB Ratio or its related term are showing as below:
NSE:ASTRAZEN'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 20.3 Med: 32.44 Max: 54.34
Current: 35.78
During the past years, AstraZeneca Pharma India's highest Cyclically Adjusted PB Ratio was 54.34. The lowest was 20.30. And the median was 32.44.
NSE:ASTRAZEN's Cyclically Adjusted PB Ratio is ranked worse than 98.16% of 759
companies
in the Drug Manufacturers industry
Industry Median: 1.83
vs NSE:ASTRAZEN: 35.78
The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.
AstraZeneca Pharma India's adjusted book value per share data for the three months ended in Mar. 2026 was ₹349.116. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₹224.47 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
AstraZeneca Pharma India (NSE:ASTRAZEN) Cyclically Adjusted PB Ratio Explanation
Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.
AstraZeneca Pharma India Cyclically Adjusted PB Ratio Related Terms
AstraZeneca Pharma India Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for AstraZeneca Pharma India's Cyclically Adjusted PB Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
AstraZeneca Pharma India Cyclically Adjusted PB Ratio Chart
NSE:ASTRAZEN vs ZTS, UTHR: Cyclically Adjusted PB Ratio Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, AstraZeneca Pharma India's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
AstraZeneca Pharma India Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, AstraZeneca Pharma India's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where AstraZeneca Pharma India's Cyclically Adjusted PB Ratio falls into.
AstraZeneca Pharma India Cyclically Adjusted PB Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
What does a Cyclically Adjusted PB Ratio of 35.74 mean?
AstraZeneca Pharma India (NSE:ASTRAZEN) has a Cyclically Adjusted PB Ratio of 35.74 as of Jul. 18, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on AstraZeneca Pharma India and its competitors. This is 10% above median its historical median of 32.44. Over the past decade, AstraZeneca Pharma India's Cyclically Adjusted PB Ratio has ranged from 20.30 to 54.34. According to the industry distribution chart, AstraZeneca Pharma India ranks #745 out of 759 companies in the Drug Manufacturers industry, placing it in the top 98.2%.
Is AstraZeneca Pharma India's Cyclically Adjusted PB Ratio too high?
AstraZeneca Pharma India's current Cyclically Adjusted PB Ratio of 35.74 is 10% above median its 10-year median of 32.44. Over the past 10 years, this metric has ranged from a low of 20.30 to a high of 54.34. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.83. AstraZeneca Pharma India's value of 35.74 is 1853% above this industry median. Based on the distribution chart, AstraZeneca Pharma India ranks #745 out of 759 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, AstraZeneca Pharma India has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AstraZeneca Pharma India's Cyclically Adjusted PB Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, AstraZeneca Pharma India ranks #745 out of 759 companies for Cyclically Adjusted PB Ratio. This places AstraZeneca Pharma India in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.83. AstraZeneca Pharma India's value of 35.74 is 1853% above this benchmark. Historically, AstraZeneca Pharma India's own Cyclically Adjusted PB Ratio has ranged from 20.30 to 54.34 over the past decade. While the company's 10-year median is 32.44 vs. the industry median of 1.83, AstraZeneca Pharma India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.83, based on 759 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AstraZeneca Pharma India's current Cyclically Adjusted PB Ratio of 35.74 is 1853% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on AstraZeneca Pharma India and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AstraZeneca Pharma India's current Cyclically Adjusted PB Ratio is 35.74, which is 10% above median its own 10-year median of 32.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AstraZeneca Pharma India stock overvalued right now?
Based on GuruFocus' analysis, AstraZeneca Pharma India (NSE:ASTRAZEN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹10,981.72, compared to a current price of ₹8,023.50 — trading 26.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 35.74, which is 10% above median its 10-year median of 32.44 and 1853% above the Drug Manufacturers industry median of 1.83. AstraZeneca Pharma India's overall GF Score™ is 93/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For AstraZeneca Pharma India (NSE:ASTRAZEN), the current Cyclically Adjusted PB Ratio is 35.74 as of Jul. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is AstraZeneca Pharma India (NSE:ASTRAZEN) Overvalued in 2026?
Based on GuruFocus' analysis, AstraZeneca Pharma India stock appears to be undervalued.
The current stock price of ₹8,023.50 is trading 26.9% below its estimated GF Value™ of ₹10,981.72.
GuruFocus considers AstraZeneca Pharma India to be Modestly Undervalued.
Key valuation signals for NSE:ASTRAZEN:
Cyclically Adjusted PB Ratio: 35.74 (10% above median its 10-year median of 32.44)
GF Value™: ₹10,981.72 vs. price of ₹8,023.50 (26.9% below fair value)
Industry Position: 1853% above the Drug Manufacturers median (#745 of 759)
No single metric tells the full story. See the NSE:ASTRAZEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AstraZeneca Pharma India Ltd is engaged in the manufacture, trading, and marketing of pharmaceutical products. Its only operating segment is Healthcare. The company generates revenue from the sale of products such as Tablets, Injectables, and Inhalation. Geographically, it derives a majority of its revenue from India. It focuses on areas such as Cardiovascular, Renal and Metabolism (CVRM), Oncology, Respiratory, Inflammation, Autoimmunity, Neuroscience Infection and Vaccines. The company operates within India, and outside, like Cambridge, Gothenburg, and Gaithersburg. The majority of revenue is from India.
93GF Score
Get the complete analysis for NSE:ASTRAZEN
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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